There are currently 4,200 real estate properties in Raceland, LA, with a median automated valuation model (AVM) price of $136,842.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Raceland, LA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Raceland, LA, is $168,509.00, with the most expensive house in Raceland, LA, topping out at $1,878,640.00 and the cheapest home in Raceland, LA, clocking in at $10,572.00. In other words, there’s something for every potential homebuyer or savvy investor in Raceland, LA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Raceland, LA, is on a rollercoaster ride. The average rent price in Raceland, LA, is $1,131.00. Indeed, when looking to rent in Raceland, LA, you can expect to pay as little as $500.00 or as much as $3,910.00, with the average rent median estimated to be $1,090.00. The good news is that finding an affordable and desirable property to rent in Raceland, LA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
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